Hays posted a job you might be interested in November 18, 2014 at 06:19AM

Hays



Head of Credit Model Validation

Kuala Lumpur, Malaysia, MY - Banking, Financial Services

The client is a rapidly expanding renowned bank. They are well known for putting high value on both their customers as well as their employees. They are now in the midst of enhancing the credit quality of the institution and are looking for experienced credit risk modellers to support this enhancement.



In the role of Head of Credit Model Validation, the incumbent will report to the Deputy CRO and will have an oversight on the Retail, Non-Retail and Data & Systems Validation functions.



This role will be responsible for setting up and managing the function of credit model validation for retail and non-retail models. The incumbent will be providing assurance that the primary credit models being used for business credit decisions, credit pricing, collections decisions, customer targeting, bank capital and provisioning are fit-for-purpose and in compliance with Basel II AIRB standards.



The candidate will scope out validation approach and sequencing steps for various models as well as set up model validation governance framework along with methodologies, scoring and performance standards as well as validation tools, policies and procedures. Besides that, they will also be accountable to systemize and set up appropriate data extraction and validation monitoring platform.



The ideal candidate will have at least 12 years of working experience in Model Validation or Model Development & Monitoring functions on both retail and non-retail models. Sound knowledge in Basel II AIRB requirements on credit model standards and solid understanding of banking loan products and basic financial statement ratios are key to this role.

If you are suitable for this role, do apply to this position with your CV in Word document format. Alternatively, if you are exploring other opportunities within Financial Services, do contact me via 03-27868600.

MYR20000.00 - MYR30000.00 per month



Posted November 18, 2014 at 06:19AM from LinkedIn http://ift.tt/14CzlzS

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